The Bangladesh Bank (BB) has formed a $500 million fund to contain erratic movements in the foreign exchange market, as the country moves towards a more flexible exchange rate regime in line with ...

Egypt is “serious” about applying a flexible foreign-exchange rate, a senior International Monetary Fund official told Arabic TV channel Asharq, as the Mideast’s most populous nation works ...

Under such scenarios, a policy of flexible exchange rates can lead to substantial costs. Conversely, a policy of fixed exchange rates dampens these costs, and, at least in the short run, can be ...

This economist was one of the first within the profession to warn of the perils of going off the gold standard—to this day, ...

The IMF deal was struck in exchange for Egypt implementing a number of economic reforms, including a shift to a flexible exchange rate. The deal also allows for a further $14 billion in possible ...

OTTAWA, Oct 18 (Reuters) - The Canadian and world economies would function better with flexible exchange rates, Bank of Canada Senior Deputy Governor Paul Jenkins said on Thursday.

At a weekend meeting, member nations of the Group of Seven -- comprised of the world's wealthiest industrial countries -- call for greater flexibility in foreign exchange rates. The G-7 says Japan ...

Egypt's move to raise interest rates is a step in the right direction and a flexible exchange rate will help protect its economy from shocks at a time of tightening global financial conditions, an ...

Sri Lanka vowed to soon restore a flexible exchange-rate regime after unexpectedly raising its benchmark interest rate Friday as the troubled nation looks to secure a $2.9 billion International ...